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Sabeco reports massive revenue and profit in fourth quarter of 2017

Sabeco reports massive revenue and profit in fourth quarter of 2017

Saigon Beer, Alcohol and Beverage Corporation (Sabeco) reported a net revenue of VND10.4 trillion ($442.1 million) and after-tax profit of VND1.37 trillion ($60.3 million) in the fourth quarter of 2017, signifying increases of 17 and 29 per cent, respectively, according to statistics published by Sabeco.

Sabeco targets 50% market share this year

Sabeco targets 50% market share this year

After acquiring 53.56% stake in Saigon Beer, Alcohol and Beverage Corporation (Sabeco), ThaiBev announced plans to sell between 1.85 and 2 billion litres of beer and increase Sabeco’s market share to 50% this year.